1208 Willow LnCocoaFL32922
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cocoa at 1208 Willow Ln, Cocoa, FL, 32922 priced at $198,000 converts $1,490/mo rent into $176/mo cash flow after a $969/mo obligation. Total monthly income equals $1,490/mo, and annual cash flow totals $2,114/yr on $65,637 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 9.03% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 120.76% and total cumulative return in cash sums $79,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,490/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32922, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 3,173 (39.9%) |
| Renter Occupied HU | 3,888 (48.9%) |
| Vacant Housing Units | 889 (11.2%) |
| Median Home Value | $240,181 |
| Average Home Value | $315,702 |
Housing Distribution
Address Breakdown
Residential
7,100
Single Family
5,279
Multi-Family
1,821
Businesses
874
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